Industry think tank group created in Italy
A number of well-known players in the industry have formed an international think tank designed to provide the broadest view of the challenges the industry faces, as well as strategies for dealing with them.
Antwerp Diamond Bank to shut down
Yet another bank seems set to exit the jewelry industry, as KBC said Friday that the sale of the Antwerp Diamond Bank to Yinren Group has fallen through and it will, according to its agreement with the European Commission, wind down the bank’s activities.
Macy’s boosts omnichannel shopping strategy
In a move that underscores the increasing importance of omnichannel shopping, Macy’s announced Monday a number of new developments to attract and service customers both in store and online.
Ex-Cartier exec fires back in trade secrets case
A former Cartier advertising executive being sued for attempted digital theft of trade secrets is asking a federal judge to dismiss the case on grounds that she was permitted to access the data in question and never obtained it anyway.
Sarine recognizes Kiran for manufacturing
Diamond manufacturer Kiran Gems has been recognized as the “Fastest Growing Company” by Sarine Technologies, and also nabbed five other awards from the company.
FTC deals blow to trade’s request for ‘Made in USA’
Months after a number of trade organizations sent a request to the FTC asking for leniency on the “Made in the USA” label for recycled metals, the commission responded that all parts of a product must have originated in the country to be labeled as such.